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Dec 5, 2013 2:00am PST
is under control and doesn't present a serious threat to the economy. he focused on the gap between the rich and the poor and making the case for raising the minimum wage to more than $10. while extending unemployment benefits. >> we know that we're going to have greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off and are still living at or barely above poverty and that is why it's well past the time to raise a minimum wage that in real terms right now is below it was than when harry truman was in office. >> republican leaders quickly took issue with the president's poach. house speaker john boehner suggesting the president's policies created the very problems that he described. >> meanwhile republicans and democrats are trying to hammer out a budget deal to avoid another government shutdown next month. paul ryan and patty murray are heading up these talks. the two sides are said to be about $100 billion apart with the gap narrowing in the
Dec 4, 2013 2:00am PST
this big that has an impact on one-sixth of our economy. whatever comes up, we're going to just fix it. >> meanwhile, former president bill clinton says his recent suggestion that president obama keep his word and let people keep their health insurance plans was not aimed, or not trying to distance hills from the president's health care law in an effort to help his wife hillary's potential 2016 presidential bid. >> i said nothing about this. not one word, until the president himself spoke. i don't think you can find anybody in america who's worked harder for his re-election or supported this bill or went out of his way to explain the bill to the american people more than i did. >> so mr. clinton says he does not know whether his wife will run for president. and adds that he would support joe biden as a 2016 presidential nominee if he got the nomination. he'll support any democratic nomination. >>> notre dame is suing over obama care birth control mandates. they're doing this again. the university filed a fresh lawsuit opposing insurance for student and employees saying it goes against
Dec 6, 2013 2:00am PST
their heads the past few days how strong the economy is because we are getting good economic news. i want to be clear on that. look at the numbers. below 300,000. i keep putting an asterisk. see that? each of these comes with a little bit of an asterisk. gdp companies ramping up on their inventories and now have to sell them. you still got mortgage rates so low that that has been very good for home buyers but i think you're going to see mortgage rates moving up, john. i think they -- we have seen them moving up 4.46% yesterday we learned was the 30-year fixed mortgage rate. 5% i think next year and seems it could be bad, right? except, except people like circumstances circumstances -- it could be a good thing and loosen up the market. >> what is your expectation for the jobs report today? 180,000 and comes out this morning. the jobs rate probably fell 7.2% and this is an important number. the economy looks like it's getting better, john. we want to see this trend continue. are we turning a corner? and does that mean the stock market stops rallying? >> big decisive jobs report and no one c
Search Results 0 to 2 of about 3